a16z is broadening its newest fund from crypto to frontier startups and renami… · @0xzxcom · TwKit

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a16z is broadening its newest fund from crypto to frontier startups and renaming the team a16z Frontier, while Ali Yahya exits to start a company. The piece • Chris Dixon said a16z is expanding its new fund beyond crypto startups to frontier startups, and the team is now called a16z Frontier. • Dixon said the firm will continue investing in crypto and related ventures and advocating for sensible crypto regulation. • a16z closed its fifth crypto fund at $2.2 billion in May, bringing its five crypto funds to $9.8 billion total; Dixon did not disclose the new fund’s size or how much could go outside crypto. • General partner Ali Yahya said he is leaving a16z, moving to San Francisco and starting a company focused on infrastructure that enables open software ecosystems. • Dixon said he will share fund leadership with general partners Eddy Lazzarin and Guy Wuollet and a16z co-founders Marc Andreessen and Ben Horowitz. Why it matters The move signals top crypto venture capital is widening into AI, robotics and other frontier tech, which could shift capital and talent while a16z says crypto remains in scope, including machine-to-machine transaction themes.

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